DMR News
Advancing Digital Conversations
California Governor Aims to Ban Smartphones in Schools
California Governor Gavin Newsom has committed to implementing restrictions on smartphone use in schools, with the goal of enhancing educational focus by reducing digital distractions. In a statement on Tuesday,…
Apple’s Vision Pro Team Reportedly Working on Lower-Cost Headset
Apple’s current strategic direction appears to pivot from its high-end Vision Pro VR headset towards the development of a more cost-effective model, in response to underwhelming sales figures for the…
Fisker Joins Growing List of Bankrupt Electric Vehicle Companies
Fisker, the US-based electric vehicle (EV) startup, has declared bankruptcy, joining the growing list of EV companies grappling with financial difficulties. The company filed for Chapter 11 protections on June…
Binance Executive’s Legal Battle Amid US-Nigeria Tug of War
The legal saga involving Tigran Gambaryan, a Binance executive, has intensified as Nigerian authorities press ahead with money laundering charges despite recent developments in related tax evasion cases. The unfolding…
Bitwise’s Ethereum Ad: A Milestone in NFT and Crypto Advertising
Bitwise, a digital asset manager, recently made headlines with the release of its first national TV spot for an Ether exchange-traded fund (ETF), which can be minted as a non-fungible…
Tether and Taipei Tech: A New Era in Blockchain and Digital Asset Education
The National Taipei University of Technology (NTUT), known colloquially as Taipei Tech, has embarked on a groundbreaking collaboration with Tether, a prominent cryptocurrency firm. This partnership, announced on June 19,…
Singapore Identifies Digital Payment Tokens as High-Risk in Anti-Money Laundering Efforts
Singapore‘s latest update to its Money Laundering National Risk Assessment (MLNRA) brings to light significant risks and vulnerabilities within the nation’s financial landscape, particularly those posed by digital payment token…
Nigerian High Court Rejects Binance Executive’s Lawsuit Over Detention
In a recent ruling on June 19, the Nigerian High Court dismissed the lawsuit filed by Nadeem Anjarwalla, a regional manager at Binance. Anjarwalla’s case revolved around allegations that Nigerian…
Netflix House to Open in Texas and Pennsylvania in 2025
Netflix announced plans to open two “Netflix House” entertainment complexes in 2025, located in Dallas, Texas, and King of Prussia, Pennsylvania. The announcement was made on Netflix’s official Tudum blog,…
Stablecoin Transfer Volume Surges 16-Fold Over Past Four Years
The use of stablecoins has surged dramatically over the past four years, marking a significant milestone in the adoption of cryptocurrencies and their integration into the global financial ecosystem. Surge…
The language learning app Speak raises a huge $20 million and doubles its valuation.
San Francisco, CA – Speak, an AI-powered language learning app, has seen remarkable growth since its launch in South Korea in 2019. The app, designed to enhance language proficiency through…
Meta Opens Threads API to All Developers
Meta has officially made the Threads API available to all developers, marking a significant expansion in the tools accessible to those looking to integrate with Meta’s platforms. Initially introduced in…
Bitwise Amends Ethereum ETF Filing; Pantera Signals Potential $100M Investment
Bitwise Asset Management has revised its Form S-1 registration statement for a spot Ether exchange-traded fund (ETF), highlighting a potential substantial investment from Pantera Capital Management. According to the filing…
PayPal Ventures leads a $20M investment in Gynger, facilitating ‘buy now, pay later’ options for tech purchases.
New York – Gynger, a platform specializing in providing capital to companies for technology purchases, has secured $20 million in a Series A funding round led by PayPal Ventures, as…
EU Delays Decision on Scanning Encrypted Messages
European Union officials have postponed discussions on a controversial proposal that could mandate messaging platforms like WhatsApp, Messenger, and Signal to scan uploaded images and links to detect child sexual…
Nomura Crypto Arm Laser Digital Bags Abu Dhabi License
Nomura’s cryptocurrency subsidiary, Laser Digital, has achieved a significant milestone in its expansion strategy by securing a broker license in the Abu Dhabi region. This license, granted by the Financial…
Former OpenAI Chief Scientist Ilya Sutskever Starts New AI Company
Ilya Sutskever, co-founder and former chief scientist of OpenAI, is launching a new AI venture named Safe Superintelligence Inc. (SSI). This startup is singularly focused on developing a safe and…
LandBridge Signals Interest in Crypto Miners Amid $320M IPO Launch
LandBridge, a prominent U.S. company specializing in the acquisition of extensive land areas for oil and gas production, has unveiled a forward-looking strategy that includes courting cryptocurrency miners. This announcement…
Singaporean workers are global leaders in using generative AI at work
Singapore – In a groundbreaking revelation, a global survey conducted by UiPath, a leading business automation company, has highlighted Singaporean Millennials and Gen Z workers as pioneers in the adoption…
Iran to Launch Public CBDC Pilot in June
Iran’s Central Bank (CBI) is gearing up to introduce its national digital currency, the digital rial, in a public pilot aimed at enhancing domestic micropayments. Launch of the Digital Rial…